Plantpassion ApS — Credit Rating and Financial Key Figures

Plantpassion ApS (CVR number: 36925922) is a company from ODENSE. The company recorded a gross profit of 0 kDKK in 2023. The operating profit was 24.2 kDKK, while net earnings were 19.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.3 %, which can be considered decent but Return on Equity (ROE) was 15.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 38 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Plantpassion ApS's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.